GBPNZD - Watching for long entry
Plan to trade:
- Monitor current correction on a lower TF. Potentially enter long on a pullback with an initial TP of trend line shown.
- If price breaks trend line and closes above it, my plan would be hold the position for the longer term move.
- If price doesn't close above the trend line, I would close my position and monitor further downside for a completion of the corrective structure.
- Monitor current correction on a lower TF. Potentially enter long on a pullback with an initial TP of trend line shown.
- If price breaks trend line and closes above it, my plan would be hold the position for the longer term move.
- If price doesn't close above the trend line, I would close my position and monitor further downside for a completion of the corrective structure.